Question: Hi I need help on what is the answer for this process costing accounting for numbers 9,10, and 11 . Answer with explanation is highly

 Hi I need help on what is the answer for this

Hi I need help on what is the answer for this process costing accounting for numbers 9,10, and 11 . Answer with explanation is highly appreciated. I hope that you can help me

Problem

process costing accounting for numbers 9,10, and 11 . Answer with explanation

PROBLEM 7 Pure Spring Water Company bottles spring water. The spring water first undergoes filtration in Department 1 and is eventually bottled in Department 2. A quantity schedule for May 2011 follows: Department 1: Department 2: Units started in process 110, 000 Units received from Department 1 80, 000 Units transferred to Department 2 80, 000 Units transferred to finished stock 61, 400 Units in process, end 30, 000 Units in process, end 18, 600 Units in process at the end in both departments are 72%. 9. In Department 2, what is the equivalent production for conversion costs? PROBLEM 8 The following data for the month of September were taken form the cost records of Department 1 of Pro-Life products which uses process costing system: Opening inventory of work in process: Units - 500 (with all materials added and 50% of labor and overhead) Cost - Materials 2, 400 Labor 1, 500 Factory overhead 760 Put into production: Units - 5, 000 Costs - Materials 25, 100 Labor 19, 380 Factory overhead 14, 900 Completed and transferred - 4, 800 units Ending inventory of work in process: Units -700 (with all materials, and 60% of labor and overhead) 10. The cost per equivalent unit (rounded to nearest centavo) under FIFO: 11. The cost per equivalent unit (rounded to nearest centavo) under weighted average

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